Alara to monetise project upgrade

ALARA Resources is hoping a recent upgrade of its Washihi copper-gold tenement in Oman will open financing options for its flagship Khnaiguiyah zinc-copper project in Saudi Arabia.

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The Middle East-focused company told the market today that Washihi now held a resource of 6.8 million tonnes at 0.9% copper and 0.17 grams per tonne gold, indicated.

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